Most traders jump in too early. Instead, wait for price to break out, pull back to the balance zone, and show big-volume orders from large players before entering. Exit immediately if you're wrong.
We are seeking for buy, we have a target. Why we are using this target? Because this target is where the maximum volume volume is transacted. So there is interest. Like market operators are willing to transact here. What they do in this area is that I don't take the first movement. I wait for the first breakout. You can use price action for this. Because I get clear market participants of what they want to do. I don't risk that this is only a retracement. And then they collapse. When I get the first breakout and I'm back inside the balance, this probability is really high. Now to increase even more the probability, I wait for the hand of the big market participants. So the common bubble of buy order, that I can just say, okay, I jump in when the best one are jumping in with big volume. And if I'm wrong, I want to be wrong immediately.
